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AMBUJA CEMENTS - WATCHLIST

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NSE:AMBUJACEM   AMBUJA CEMENTS LTD
Ambuja Cements has consolidated between 304 and 325 last week. It was between 300 and 330 a few weeks ago. So volatility seems to be contracting and this usually leads to a good move. If the volumes are above normal a buy can be initiated in the coming week above 325 odd levels.

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